Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: David Alon who wrote (55162)	1/12/2001 2:00:47 PM
From: johnd	Read Replies (1) \| Respond to of 74651

Microsoft wins dismissal of 38 private antitrust suits By Bloomberg News January 12, 2001, 10:25 a.m. PT BALTIMORE--Microsoft on Friday won dismissal of damage claims in 38 class-action antitrust suits when a judge held it couldn't be sued by consumers who didn't directly purchase the Windows operating system from the software giant. ..... U.S. District Judge J. Frederick Motz's ruling spares Microsoft the threat of hundreds of millions of dollars in damages and eliminates the largest block of consumer lawsuits spawned by another federal judge's finding in June that the company illegally defended its Windows monopoly for personal computer operating software. ..... "We're very pleased with the court's decision" to strike the claims for triple damages under federal antitrust law, Microsoft spokesman Jim Cullinan said. ...... State judges in Connecticut, Oregon, Kentucky, Hawaii, Nevada, Iowa, Texas and Rhode Island have also rejected similar class actions, citing the Illinois Brick rule.